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Mazen shaikh, Director – Tropical Oils Sourcing, Strategic Sourcing & Supply Dept.

Mazen shaikh

Director – Tropical Oils Sourcing, Strategic Sourcing & Supply Dept.·Savola Group – Savola Foods Sector

Saudi Arabia

Bachelor's degree, Industrial Engineering & Operations Research

Work experience

Total years of experience: 24 years, 4 months

Director – Tropical Oils Sourcing, Strategic Sourcing & Supply Dept.

April 2024 - December 2025

Savola Group – Savola Foods Sector

Jeddah, Saudi Arabia

April 2024 - December 2025

• Led the sourcing and trading operations for tropical oils, overseeing futures trading, logistics and
comprehensive market research using both fundamentals and technical analysis.
• Generated trading profit of around $260k on the Bursa Malaysia Derivatives (BMD).
Company industry:
FMCG

Director – Raw Sugar and Special Oils Sourcing, Strategic Sourcing & Supply Dept.

June 2016 - April 2024

Savola Group

Jeddah, Saudi Arabia

June 2016 - April 2024

• Responsible for all bulk Raw Sugar Sourcing, Olive Oil (FG), Canola Oil, HOSF and Coconut Oil (FG).
• Optimize raw sugar pricing to maximize profit margins.
• Enhanced contract terms and conditions to improve supplier relationships and secure favorable
agreements.
• Member of Risk Avoidance and Opportunities committee, identifying potential risks and
opportunities to drive strategic initiative.
Company industry:
Retail & Wholesale

Senior Manager – Raw Sugar and Supply Planning, Central Buying Dept.

July 2010 - May 2016

Savola Group – Savola Foods Sector

Jeddah, Saudi Arabia

July 2010 - May 2016

• Develop and implement comprehensive sourcing strategy to optimize supply chain efficiency.
• Negotiate contracts with key suppliers, achieving cost reductions and securing favorable terms for
long-term partnership.
• Negotiate charter agreements with shipping companies, achieving cost saving and securing
favorable terms.
• Collaborate with cross-functional teams to streamline logistic processes, enhancing overall supply
chain performance.
Company industry:
FMCG

Front Office Senior Manager (Sugar & Oil) – Risk Management Dept.

December 2008 - June 2010

Savola Group – Savola Foods Sector

Jeddah, Saudi Arabia

December 2008 - June 2010

• Managing all Sugar and Oil trading activities.
• Doing research and technical analysis on commodity derivatives, implementation of proper price
risk management strategies using derivatives for soft commodities, technical analysis and trading
calls in NYBOT, CBOT, LIFFE, BMD etc.
Company industry:
FMCG

Raw Sugar Procurement Manager – Central Buying Dept.

July 2006 - November 2008

Savola Group – Savola Foods Sector

Jeddah, Saudi Arabia

July 2006 - November 2008

• Align raw sugar purchase plan with planning team requirements to ensure production stability.
• Analyze market trends and data to forecast commodity prices, informing strategic purchasing
decisions.
• Draft, review, and negotiate contracts with suppliers, ensuring compliance with legal and regulatory
requirements.
• Develop and implement suppliers KPI tracking system to enhance performance monitoring.
• Co-ordinates with Risk Management for placing raw sugar pricing orders in a timely manner to
ensure the best prices for the futures market.
Company industry:
FMCG

Futures Desk Trading Manager – Raw Sugar Purchasing Dept.

April 2003 - June 2006

Savola Group – Savola Foods Sector

Jeddah, Saudi Arabia

April 2003 - June 2006

• To plan and execute trading orders.
• Prepare market views and recommendations for top management.
• Member of the Risk Committee (RC).
• Member of the Market View Committee (MVC).
Company industry:
FMCG

Production Engineer & National Labor Supervisor

July 2002 - March 2003

National Biscuits & Confectionery Company LTD.

Jeddah, Saudi Arabia

July 2002 - March 2003

• Responsible of recruiting the Saudi national labor in the production department.
• Production supervisor (check the product date − packaging − shape etc.)
Company industry:
FMCG

Administrative Officer.

September 2001 - June 2002

King Abdulaziz University – Scientific Research Council.

Jeddah, Saudi Arabia

September 2001 - June 2002

• To maintain research database integrity.
Company industry:
Higher Education

Education

King Fahd University of Petroleum and Minerals (KFUPM)

June 2001

June 2001

Bachelor's degree, Industrial Engineering & Operations Research

Saudi Arabia

Skills

Management
Expert
Management
Expert
Production
Expert
Production
Expert
Brokers
Expert
Brokers
Expert
Industrial Engineering
Expert
Industrial Engineering
Expert
Material Handling
Expert
Material Handling
Expert
- MS office (Word, Power point, Excel and Web), New Horizons
Intermediate
- MS office (Word, Power point, Excel and Web), New Horizons
Intermediate
Management
Expert
Management
Expert
Production
Expert
Production
Expert
Brokers
Expert
Brokers
Expert
Industrial Engineering
Expert
Industrial Engineering
Expert
Material Handling
Expert
Material Handling
Expert

Languages

English
Expert
Arabic
Native Speaker